Stay informed with the latest news and expert opinions from South Africa’s leading news agencies. Debt Rescue’s CEO Neil Roets and Debt Rescue’s COO, Annaline van der Poel, shares economic insights, explains how debt review can help over-indebted consumers, and valuable financial advice. From expert interviews to breaking news, this page brings you honest discussions about money, debt counselling, and actionable tips to help you take control of your debt.
Die verwagte verhoging van 95c/liter in die prys van diesel en 85c/liter in die prys van petrol gaan verbruikers swaar tref. Neil Roets, uitvoerende hoof van die skuldbestuursmaat- skappy Debt Rescue, se die kort- tot mediumtermynvoor- uitsigte vir verbruikers lyk al hoe droewiger. Boonop word verwag dat voedselpryse vanjaar met tot 12% gaan styg. Die
Johannesburg – A debt management firm is warning that an anticipated 85c to 95c a litre fuel price increase will “hit consumers like a ton of bricks”. This comes after a warning by the Institute for Race Relations that, should the rand and oil remain at current levels, motorists could expect a fuel price hike
The expected 95 cents a litre increase the price of diesel with a petrol price hike of around 85 cents will hit consumers like a ton of bricks. This according to debt management firm Debt Rescue, which pointed out that the fuel price hike is in conjunction with a 7% inflation rate, while food inflation
Vriende en familie is daar om mekaar te help in tye van nood. Maar waak daarteen om almal se OTM te word In die beste families en vriendekringe kryjy altyd daai een wat die heeltyd haar beursie by die huis vergeet of ‘n “vinnige lening tot more wil maak. Die probleem is net: More is
Rather than helping consumers, the debt forgiveness programme being mooted by government will plunge consumers deeper into debt in the long term, according to a leading economist. The National Credit Regulator (NCR) briefed Parliament’s Standing Committee on Trade and Industry on Tuesday morning about the state of South Africa’s credit market and its financial performance,
The proposed “debt forgiveness plan” whereby consumers’ outstanding debts older than three years will be erased will plunge consumers deeper into debt in the long run, experts say. The new legislation means if a consumer has not paid any instalments on the outstanding debt for three years it is said to have expired and must
* Inflation, rising rates pushing consumers to buy small * Retail slows, increasing chances of recession * Consumers turning to unsecured debt to fund living expenses (Recasts with focus on consumer spending) By Mfuneko Toyana JOHANNESBURG, March 16 South Africa’s retail sales expanded at a slower rate in January, data showed on Wednesday, as yet
The rand broke through a psychological level of R16 versus the dollar in morning trade on Wednesday (16 March) amid concerns that Pravin Gordhan’s job may be in jeopardy. At 10h10, the rand traded at R16.11 – down 1.25%, having lost 3% on Tuesday against the dollar. It traded at R22.68 versus the pound (down
Suid-Afrikaners, veral diegene met huisverbande, sal Donderdagmiddag weet of hulle meer vir hul skuld moet opdok as die Reserwebank die rentekoers sou verhoog. Intussen haal wêreldmarkte weer asem nadat die Federale Reserweraad (Fed) in Amerika besluit het om Amerikaanse rentekoerse vir eers onveranderd te hou. Die agterdeur bly egter oop vir ’n verhoging later vanjaar.
South Africa’s retail sales expanded at a slower rate in January, data showed on Wednesday, as yet another sector of the weakening economy succumbed to rising inflation and higher lending rates. Figures showed sales of household furniture and appliances slowed sharply, growing 2.6% year-on-year in January against 6% in the previous month, while sales of
